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Once upon a time, investors mistakenly assumed that all dot-coms were pretty much alike. The dot-com boom and bust resulted. Today, the strongest companies are those that have developed their niche and customer base, while also touting frugality over science fiction. For example, Priceline.com (PCLN), Salesforce.com Inc. (CRM) and Amazon.com Inc. (AMZN) receive consensus "buy" recommendations from Wall Street analysts who follow them, according to Thomson Reuters. While stock of Priceline and Amazon are down in value this year, Salesforce has risen impressively. The stock prices of all remain attractive enough to have experts interested in them. All three of these companies have...

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Once upon a time, investors mistakenly assumed that all dot-coms were pretty much alike. The dot-com boom and bust resulted. Today, the strongest companies are those that have developed their niche and customer base, while also touting frugality over...

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